Congrats to Commerzbank AG on their EUR 500m green bond! Sustainability is a cornerstone in German Commerzbank’s business, and the green bond - which is their second since their inaugural issue in October 2018 - will be used to finance loans for onshore and offshore wind projects and solar projects in Germany, other European countries and North America. The ambition of the projects is to help avoid CO2 emissions of around 850.000 tons per year.

Danske Bank is proud to have acted as joint lead manager on the transaction, which attracted investors from all over Europe and resulted in an order book in excess of EUR 4bn. The impressive Nordic distribution of 18%, second largest after France, underlines the strong ESG focus of the Nordic region
Fact box

Transaction Terms 

Issuer: Commerzbank AG

Status: Green Non-Preferred Senior

Launch Date:  16 September 2020
Maturity Date: 24 March 2026

Size: EUR 500m

Coupon: 0.750%

Listing: Frankfurt Stock Exchange 

Joint Bookrunner: Danske Bank